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20121108
20121116
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elected us to focus on your jobs, not ours. >> the president and john boehner are each drawing a line in the sand on letting the bush era tax cuts expire for americans making more than $250,000 a year. the speaker wants the tax overhaul that raises money by cutting loopholes. if they cannot hammer out a spending deal by the end of the year, the nation goes over the so-called fiscal cliff and taxes go up for everyone. an average of $500 per household, and there will be deep, automatic spending cuts that could hobble the economy. republican sandoval the president to address the real problem. the real problem is uncontrolled entitlement spending and a government that has grown massively. >> democrats and republicans will have to compromise just like the president and his party did after getting walloped in the 2010 election. >> would cut $900 million in spending that was painful to us. >> in washington, a high-stakes search for middle ground. brian moore, wbal-tv 11 news. >> there is more fallout tonight for lance armstrong. >> why he has completely decided to cut ties with his organizat
cliff. lawmakers return to washington welcoming the newly elected members of congress and promising they are ready for progress. >> we're going to work together to reignite the american dream. >> republicans are offering bipartisan solutions. now it's the president's term. >> unluess the -- oh, the smoldering $6 billion in tax -- on unless they reach a deal. >> let's work on a package that will be just and good for this country. >> this is where lawmakers disagree. they still want to extend tax cuts to everyone. democrats including the president favor raising taxes of wealthy. >> we will not sign a bill to extend bush era tax cuts because that's not good policy. >> there also haggling over what to cut, how to cut the tax code, and where to find savings. >> our biggest problems are the spending on social security, medicare. >> congress created this fiscal cliff hoping it would force them, rise on a debt reduction plan. with seven weeks before the year is up, leon panetta is worried about what will happen if they do not reach a deal. >> they kick the can down on the road, it will cont
you hope that tuesday's election would mean more bipartisan cooperation. >> you hope, but there is no sign of that. president obama and speaker john boehner laid out their position today that sounded like they're positions. >> this is a restart between high-stakes negotiations between two men. they are starting where they left off, far apart. in a speech at the white house, president obama claimed the election proved most americans agreed with his plan, that he calls balanced, cutting spending and hiking taxes to avoid the fiscal clef. he said he is flexible, but -- >> i refuse to accept any approach that is not balanced. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not asked to pay a dime more in taxes. >> the main republican negotiator will be speaker john boehner. >> the problem with raising tax rates on the wealthy americans is that more than half of them are small business owners. we know from ernst and young, 700,000 jobs would be destroyed. >> john boehner insis
of the second election, with a tax call on the rich, but that message had a distraction, the situation with david petraeus. >> that classified information was disclosed, that it in any way had any impact on our national security -- >> but the president is withholding judgment on the fbi holding secret. he praised the former cia chief. >> we are safer because of the work that david petraeus is has done. >> issue number two was the fiscal cliff and taxes. >> what i am not going to do is extend further a tax cut for folks who do not need it. >> republicans demand no rate hikes. can there be a deal finally to cut deductions? >> i recognize that we're going to have to compromise, and as i said on election night, compromise is hard. >> four americans dead in benghazi. today, a demand of a new investigation and warning the president not to nominate susan rice as his new secretary of state, after rice claimed benghazi was a riot gone wrong. >> to be searched her reputation is outrageous. >> mostly, a victor reaching out to his opponents. and with both sides not very far apart on taxes, the pre
tv 11 years. >> in the wake of the election, there are some hurdles in the future for the republican party. >> what is next for the gop? we have learned it could mean americans will see more compromise. >> jesse jackson pleads their case. i am kate amara with that story. >> loading up a truck for hurricane victims. i am jennifer franciotti. the woman's efforts >> you are watching wbal teo of the news at 5:00 p.m., with stan stovall and donna hamilton. your forecast with tom tasselmyer and skycam 11 covering breaking news. wbal tv 11 news at 5:00 p.m. continues now. >> a rally calling for the redirection of money to build a u.s. jail in baltimore city. the idea is to prevent juvenile delinquency. >> expected to be in attendance is a jesse jackson. they say they are ignoring research that are more effective and less costly. kate amara it is lived downtown with that story. >> we will start with some logistics'. they have moved to the e event inside. it was scheduled to start at 5:00. if you are planning to come to hear jesse jackson speak, you have time. when he speaks, people tend to l
Search Results 0 to 4 of about 5